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Huh? This is quantifiable. It’s no big mystery to anyone who works in tech, and is not saying anything about abilities, just outcomes.

I've experienced the opposite in general, but I've seen some huge outliers in both directions on both sides.

It's not a generalization, there's public data for this. Just take a sample of the top N SV companies, go to their Management/Staff page, and do a count. (note, we're talking senior management, not middle management)

I do have some ideas about why, but it requires going into some sociological analysis. (note: I'm a minority so I speak from that experience).

This is an open secret, at least for us minorities.

Actually it's pretty easily provable, you just need diversity numbers.

Doesn't explain the "why" though.